The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

Assegaf Hamzah & Partners

CAPITAL PLACE, LEVEL 36 & 37, JALAN JENDERAL GATOT SUBROTO KAV. 18, JAKARTA 12710, INDONESIA
Tel:
Work +62 21 2555 7800
Fax:
Fax +62 21 2555 7899
Email:
Web:
www.ahp.co.id
Jakarta, Surabaya

Indonesia

Antitrust and competition
Antitrust and competition - ranked: tier 1

Assegaf Hamzah & Partners

For some, Assegaf Hamzah & Partners has 'the strongest antitrust practice in Indonesia'. Chandra Hamzah leads the team and advised Japfa Comfeed Indonesia which was found by the Komisi Pengawas Persaingan Usaha (KPPU) watchdog of operating a cartel. Farid Nasution was recently made partner following a stint at the KPPU. Other key individuals include of counsel Vovo Iswanto, who regularly advises on the competition aspect of transactions, and Asep Ridwan, who is 'a really good litigation partner'.

[back to top]

Aviation
Aviation - ranked: tier 1

Assegaf Hamzah & Partners

Assegaf Hamzah & Partners' presence in the aviation sector stems from its banking and finance, capital markets and dispute resolution practices. Chandra Hamzah co-heads the team and is an expert in litigation, whereas fellow practice head Eri Hertiawan has extensive experience in ADR. Hertiawan is defending Air Asia in a tort action brought by four customers who were refused check-in and board despite having valid tickets. For capital markets, Bono Daru Adji assisted Garuda Maintenance Facility Aero Asia with its initial public offering on the Indonesian Stock Exchange. In banking and finance, Indira Yustikania advised DBS Bank on financing the acquisition of two aircraft for ICBC Leasing and leased to Garuda Indonesia.

[back to top]

Banking and finance
Banking and finance - ranked: tier 1

Assegaf Hamzah & Partners

Assegaf Hamzah & Partners is 'very good for banking and finance matters' and 'understands what the risks are for foreign lenders investing in Indonesia'. Ibrahim Assegaf helms the team and is 'a very pragmatic lawyer' who 'tells you outright what the risks are in your structure' and 'jumps in on important issues when appropriate'; Assegaf recently advised Indonesia Infrastructure Finance on its $150m loan from The International Finance Corporation. Ahmad Fikri Assegaf is also a key figure and assisted PSN Enam Indonesia with its $154m loan from Export Development Canada. Yanu Wiriasmoko is experienced in handling leveraged buyout deals and structured financings. Also recommended are Indira Yustikania and senior associate Astrid Widyakartika Handaka.

Leading individuals

Ahmad Fikri Assegaf - Assegaf Hamzah & Partners

[back to top]

Capital markets
Capital markets - ranked: tier 1

Assegaf Hamzah & Partners

Assegaf Hamzah & Partners is well known for equity and debt issuances, with clients that include Medco Energi and the Indonesian government. Managing partner Bono Daru Adji helms the team and is an expert in public offerings, refinancings and acquisition finance; he advised ABM Investama on its bonds issuance worth $300m. Ahmad Fikri Assegaf assisted SEA Limited with the Indonesian elements of its US IPO and acted for the Indonesian government on the establishment of its first green sukuk bond. Mohammad Renaldi Zulkarnain  is skilled in handling high-yield debt and equity offerings, as well as issuances of sovereign and corporate sukuk bonds. Also recommended is Tunggul Purusa Utomo who is experienced in onshore and offshore offerings.

Leading individuals

Ahmad Fikri Assegaf - Assegaf Hamzah & Partners

Bono Daru Adji - Assegaf Hamzah & Partners

Next generation lawyers

Mohammad Renaldi Zulkarnain - Assegaf Hamzah & Partners

[back to top]

Corporate and M&A
Corporate and M&A - ranked: tier 1

Assegaf Hamzah & Partners

Assegaf Hamzah & Partners has an enviable client roster that includes Star Energy, Tokopedia and Kohlberg Kravis Roberts. Team head Eko Basyuni advised Toppan Printing on its merger with Plasindo and acted for DKSH on its 60% of shares purchase of Wicaksana Overseas International. Ahmad Fikri Assegaf acted for Kohlberg Kravis Roberts in its acquisition of a 12.64% stake in IndoSari Roti and assisted Sri Rejeki Isman on its collective acquisitions of Bitratrex Industries and Primayudha Mandirijaya. Also recommended are Valerie Ngooi Ming Hui, who is skilled in takeovers, M&A and restructurings, and Carol Lim, who made foreign counsel in June 2018.

Leading individuals

Ahmad Fikri Assegaf - Assegaf Hamzah & Partners

Next generation lawyers

Carol Lim - Assegaf Hamzah & Partners

[back to top]

Dispute resolution
Dispute resolution - ranked: tier 1

Assegaf Hamzah & Partners

Assegaf Hamzah & Partners has a diverse disputes practice that handles cases relating to commercial, antitrust, tax and customs, aviation and intellectual property (IP). Chandra Hamzah co-heads the group and advised Japfa Comfeed Indonesia after it was discovered to be operating a cartel. Fellow practice head Eri Hertiawan acted for Sudirman Kurniawan on a tort action against PSL for violation of shareholder rights.

Leading individuals

Chandra Hamzah - Assegaf Hamzah & Partners

[back to top]

IT and telecoms
IT and telecoms - ranked: tier 1

Assegaf Hamzah & Partners

Assegaf Hamzah & Partners's TMT practice focuses on transactions, regulatory, data privacy and cybersecurity matters. Zacky Husein helms the team and has been busy advising a number of international and domestic clients on personal data regulations. Other notable work highlights included Ahmad Fikri Assegaf advising GO-JEK on its series e round of fundraising and Ibrahim Assegaf assisting Oriente Finance with its joint venture with an Indonesian company to set up a technology-based financial institution.

Leading individuals

Zacky Husein - Assegaf Hamzah & Partners

[back to top]

Intellectual property
Intellectual property - ranked: tier 3

Assegaf Hamzah & Partners

With expertise in both contentious and non-contentious IP issues, Assegaf Hamzah & Partners is particularly strong in dealing with trade mark searches, registrations and renewals. Key clients include Paypal, Apple and Indosat.  Chandra Hamzah is the name to note and recently advised Les' Copaque Production over the rejection of one of its trade marks.

[back to top]

Labour and employment
Labour and employment - ranked: tier 2

Assegaf Hamzah & Partners

Assegaf Hamzah & Partners specialises in contentious matters. Ahmad Maulana heads up the practice and represented Alpen when it experienced a six-week strike by its workers.

[back to top]

Projects and energy
Projects and energy - ranked: tier 2

Assegaf Hamzah & Partners

Assegaf Hamzah & Partners has traditionally worked on projects involving oil, coal and gas, but has recently experienced an uptick in renewable energy mandates. Ibrahim Assegaf co-heads the department and assisted Asian Development Bank with the financing to Energi Bayu Jeneponto for the development of a wind power plant. He also advised Indonesia Infrastructure Finance which received $150m in financing from The International Finance Corporation for the purpose of financing several infrastructure projects. Fellow practice head Kanya Satwika is also active in the energy and mining sectors.

[back to top]

Real estate
Real estate - ranked: tier 1

Assegaf Hamzah & Partners

Assegaf Hamzah & Partners' real estate practice is highly skilled in both contentious and non-contentious issues. Yogi Marsono leads the team and advised cement manufacturer Semen Indonesia on its acquisition of 400 hectares of land in Central Java. Bono Daru Adji is also a key figure and assisted Nirvana Wastu Pratama with its acquisition of Gorontalo Mall and Maqna Hotel Gorontalo through a shares acquisition of the entities' owner and operator, Primerindo Kencana. Also recommended are M&A practice head Eko Basyuni, who is active in real estate transactions, and disputes specialist Eri Hertiawan, who is often instructed in real estate-related disputes.

[back to top]

Restructuring and insolvency
Restructuring and insolvency - ranked: tier 2

Assegaf Hamzah & Partners

Assegaf Hamzah & Partners' banking and finance team is regularly involved in restructuring and insolvency deals. The team, led by Indira Yustikania, acted for PT UTAC Manufacturing Services Indonesia in the negotiation and execution of an indenture. The transaction is significant as it allows the company to successfully emerge from Chapter 13 bankruptcy in the US after three years of extended litigation. Ibrahim Assegaf is a key figure, as is disputes practitioner Ahmad Maulana.

[back to top]

Shipping
Shipping - ranked: tier 2

Assegaf Hamzah & Partners

Assegaf Hamzah & Partners has expertise in both contentious and non-contentious shipping matters. Work highlights include Bono Daru Adji advising the port Nusantara Pelabuhan Handal on its Initial Public Offering and Ibrahim Assegaf assisting Kredi Bankasi with a loan to finance an Indonesian floating powership.

[back to top]

Tax
Tax - ranked: tier 1

Assegaf Hamzah & Partners

Assegaf Hamzah & Partners advises on compliance, audits, disputes and appeals in the tax space. Wibowo Mukti heads the practice and was instructed by Clifford Chance LLP to advise on tax matters pertaining to its client's Commerzbank's business activities in Indonesia. Muslimin Damanhuri advised the World Wildlife Fund on the tax implications behind its Indonesian affiliate Alam Bukit Tigapuluh. International tax and transfer pricing specialist Nazly Parlindungan Siregar is also highly recommended.

Leading individuals

Wibowo Mukti - Assegaf Hamzah & Partners

[back to top]


Further information on Assegaf Hamzah & Partners

Please choose from this list to view details of what we say about Assegaf Hamzah & Partners in other jurisdictions.

Indonesia

Offices in Surabaya and Jakarta

Legal Developments in Indonesia

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to